THE REEVES AND FINES FUND
Assists members, former members of the Port of London Authority and their dependents, who are in need, hardship or distress or suffering from sickness, infirmity or disability; and for the education or training of young persons pursuing or desiring to pursue a career on the tidal Thames.
Financial health, per its FY2025 accounts
The accounts state that total unrestricted funds decreased from £901,540 to £856,198 due to a net movement in funds of £(45,342), driven by charitable expenditure exceeding investment income and investment revaluation losses. The trustees confirm that the remaining balance allows the Fund to continue providing assistance to those in need in the coming year.
What the accounts disclose
“It is in the policy to maintain sufficient cash in a separate bank account in the name of the Fund to meet the anticipated day to day calls on the Fund. Surplus funds are invested in units or units sold as necessary. Reserves are maintained until grant requests are received.” — page 4
Trustees
- Karen Fullerchair
- Steven Lockwood
- Susan Mackenzie
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £24k | £2k |
| 31/03/2025 | £27k | £34k |
| 31/03/2024 | £23k | £8k |
| 31/03/2023 | £23k | £11k |
| 31/03/2022 | £22k | £10k |
Common questions
Is THE REEVES AND FINES FUND financially healthy?
Per its FY2025 accounts: The accounts state that total unrestricted funds decreased from £901,540 to £856,198 due to a net movement in funds of £(45,342), driven by charitable expenditure exceeding investment income and investment revaluation losses. The trustees confirm that the remaining balance allows the Fund to continue providing assistance to those in need in the coming year. Its FY2025 accounts were independently examined.